Former acting CFTC Chairman and LedgerX board member Mark Wetjen is the new CEO at Miami International Futures Exchange, where he will build out its crypto asset and derivatives products.
Former LedgerX CTO and co-founder Zach Dexter has been named as the company's CEO just hours after a director alleged the company's interim management was failing its investors and employees.
In a letter to the CFTC Office of the Inspector General, a LedgerX board member alleges the company is failing its investors and shareholders following the suspension of its founders in December.
LedgerX CEO and COO Paul and Juthica Chou have been "placed on administrative leave" by the company, with DTCC vice chairman Larry Thompson filling in.